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Financial
Distress signals
Property profile

2 Olney St 28B Seekonk, MA 02771

FOR LEASE
Super regional malls
Property ID
US38-1791504
35,394 SF 6.21 ac lot Built 1965
Last sale Jun 2022 · $3,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
2 Olney St,Unit 28B, Seekonk, MA 02771 For Lease
$1,800/Mo 1,200 SF available
2 Olney St,Unit 28B, Seekonk, MA 02771
View Listing

Property summary

AI-generated overview

The property is a retail suite within Briarwood Plaza containing approximately 2,400 square feet of flexible interior space. The interior configuration includes a large open floor plan suitable for front-of-house retail use, multiple private offices positioned toward the rear, and two bathrooms intended for staff and customer use. The suite is designed to support retail or service-oriented layouts by accommodating the primary selling area along with back-office functions, and it is located…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$89k
Tax billed · 2024
Assessed value$3.34M
Assessed land$1.31M
Assessed improvement$2.04M
Effective rate2.67%

Value estimate

· Oct 2026
$4.46M
$4.01M – $4.91M
AI approach$4.38M
Submarket $/SF estimate$4.65M
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$792
Operating expenses−$11k
NOI · 1,369.22% cap applied$25k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$153/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$86 – $191

Cap rate analysis

How does the asset earn?
1,369.22%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LB
This district represents areas of the community distinguished by intensive commercial activities that serve the daily shopping and servic...
General categoryCOMMERCIAL
JurisdictionSEEKONK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.0
Law Firm13.7
Building Supply12.4

Location

2 Olney St, Unit 28B Seekonk, MA 02771
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1448 Fall Riv, Seekonk, MA 02771-3741 $800,000 Jan 2026 6,000 SF
751 Fall Riv, Seekonk, MA 02771-5627 $1,745,000 Nov 2023 7,840 SF
150 Central, Seekonk, MA 02771-4144 $950,000 Jun 2023 4,662 SF
35 Highland, Seekonk, MA 02771-5805 $19,300,000 Dec 2022 107,352 SF
68 Mink, Seekonk, MA 02771-5915 $1,660,000 Aug 2021 9,727 SF
1460 Fall Riv, Seekonk, MA 02771-3737 $40,000 Oct 2019 17,507 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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